Volcano erupts in southwest Iceland
A volcano in southwest Iceland erupted on Sunday, the country’s meteorological office said, making it the fifth eruption on the Reykjanes peninsula since 2021.
John Kerry, the U.S. climate envoy, to leave the Biden administration
John Kerry is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans.
China skeptic Lai Ching-te wins Taiwan’s presidential election
Taiwan’s ruling Democratic Progressive Party on Saturday won an unprecedented third-straight presidential term.
Bitcoin’s post-ETF launch sell-off could continue, but all-time high levels are in sight, chart analysts say
Bitcoin on Friday erased all of its gains from an otherwise victorious week after the first spot bitcoin ETFs were cleared to begin trading in the U.S.
Tanker companies temporarily halt traffic toward Red Sea after U.S. airstrikes on Houthi militants
Hafnia, Torm and Stena Bulk confirmed that they halted traffic toward the Red Sea after airstrikes on Houthi militants in Yemen.
Cramer: Costco not done ‘saturating the world’ as new China store lures massive crowds
The crowds were so big that crowd-control measures were needed to get shoppers in and out.
Tesla stock down on Red Sea delays, rising labor costs and price cuts
Shares of Tesla fell Friday as the stock faced pressure from supply chain delays due to a crisis in the Red Sea.
Citigroup is cutting 10% of its workforce in CEO Jane Fraser’s corporate overhaul
Citigroup CEO Jane Fraser announced one of the largest moves to cut headcount at a major U.S. bank in recent years.
Beer market isolated from supply chain woes, CEO of Budweiser-maker AB InBev says
The CEO of AB InBev told CNBC the brewing giant was monitoring trade disruption in the Suez Canal.
JPMorgan Chase profit falls after $2.9 billion fee from regional bank rescues
JPMorgan is watched closely for clues on how banks fared amid volatile interest rates and rising loan losses.
